MILLI RE 2023 ANNUAL REPORT

Notes to the Consolidated Financial Statements As of December 31, 2023 Millî Reasürans Türk Anonim Şirketi (Currency: Turkish Lira (TL)) (Convenience Translation of Financial Statements and Related Disclosures and Footnotes Originally Issued in Turkish) The related party balances As of December 31, 2023 and 2022 are as follows: 31 December 2023 31 December 2022 Türkiye İş Bankası A.Ş. 2.942.970.918 4.182.366.106 Other - 10.209 Banks 2.942.970.918 4.182.376.315 Bonds issued by Türkiye İş Bankası (Note 11) 90.242.836 - Mutual funds founded by İş Portföy Yönetimi A.Ş. (Note 11) 6.823.264.826 1.044.695.036 Related party stocks (Note 11) 424.203.903 289.699.205 Mutual funds issued by Maxis Private Equity Portfolio Management A.Ş. (Note 11) 272.266.249 458.015.240 Eurobonds issued by Türkiye İş Bankası A.Ş. (Note 11) 149.060.326 132.045.525 Eurobonds issued by Türkiye Sınai Kalkınma Bankası A.Ş. (Note 11) 60.424.849 37.101.541 Turkey Is Bank Currency Protected Deposit 1.149.892.248 510.352.060 Bonds issued by Türkiye Şişe ve Cam Fabrikaları A.Ş (Note 11) - 82.731.199 Financial Assets 8.969.355.237 2.554.639.806 Türkiye İş Bankası A.Ş. 1.456.459.737 936.286.167 Türkiye Sigorta A.Ş (Güneş Sigorta A.Ş) 218.896.210 78.549.428 Şişecam Sigorta Aracılık Hizmetleri A.Ş. 20.709.690 16.543.713 Groupama Sigorta A.Ş. - 8.233.869 Anadolu Hayat Emeklilik A.Ş. 21.299.999 5.049.947 İstanbul Umum Sigorta A.Ş. 363.976 273.998 Ergo Sigorta A.Ş. (HDI Sigorta A.Ş.) - 15.892 HDI Sigorta A.Ş. 5.473.370 504.422 Türkiye Hayat ve Emeklilik A.Ş (Vakıf Hayat ve Emeklilik A.Ş) - 2.751 Liberty Sigorta A.Ş.(Hdi Sigorta A.Ş.) 196.305 42.981 Güven Sigorta T.A.Ş 171.880 - Receivables from main operations 1.723.571.167 1.045.503.168 Türkiye İş Bankası A.Ş. 94.661.046 50.390.323 Halk Sigorta A.Ş. (Türkiye Sigorta A.Ş.) 2.551.783 2.560.806 Halk Hayat ve Emeklilik A.Ş. (Türkiye Hayat Emeklilik A.Ş.) 383.654 - Türkiye Hayat ve Emeklilik A.Ş (Vakıf Hayat ve Emeklilik A.Ş) 822.069 - Allianz Sigorta A.Ş. 4.841.851 3.931.833 Şişecam Sigorta Aracılık Hizmetleri AŞ 2.698.999 3.011.476 Ziraat Sigorta A.Ş. (Türkiye Sigorta A.Ş.) 509.084 275.047 Axa Sigorta A.Ş. 10.346.777 5.373.820 Güven Sigorta T.A.Ş. 93.301 73.483 Liberty Sigorta A.Ş.(HDI Sigorta A.Ş.) 112.079 69.172 Groupama Sigorta A.Ş. 8.037.790 38.158 Türkiye Sigorta A.Ş (Güneş Sigorta A.Ş) 45.116 33.279 İstanbul Umum Sigorta A.Ş. 44.088 25.580 Ergo Sigorta A.Ş. (HDI Sigorta A.Ş.) 11.866.746 - Payables from main operations 137.014.383 65.782.977 Payables to personnel 1.830.978 806.004 Payables to partners 193.699 193.699 Payables to other related parties 61.146 262.413 Due to related parties 2.085.823 1.262.116 No guarantees have been taken against receivables from related parties. There are no doubtful receivables and payables from/to shareholders, subsidiaries and joint ventures. 248 MİLLİ RE